MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 33 - Released on August 13, 2020


     Prices for rennet casein are lower. This is reflective of manufacturing and sales in Western
     Europe, especially Ireland and France which are significant sources of rennet casein. Acid
     casein is steady.

     After a quiet period of low rennet casein production in Western Europe, some plants report
     that production is increasing. Buyers are in the early stages of planning to make contracts
     for future needs. With low volumes of transactions so far, the current price decline is more
     reflective of the impact of limited activity than a view into the future. Buyers and sellers
     will be tossing price expectations around more actively in coming weeks. Acid casein
     production in New Zealand will soon be seasonally gearing up. Not much is happening yet to
     move prices in any direction.


     Prices for: Spot Sales And Up to 3 Month Contracts, Free on Board - Warehouse, Non-
     Restricted, All Mesh Sizes, Conventional, and Edible Casein

     Acid; Price Range - $/LB:                    3.8000-3.9000
     Rennet; Price Range - $/LB:                  3.4625-3.5550


     Information for the period August 10 - 14, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov